So, here's a question: you're a new employee at some business (make one up), paid $60k a year. Everyone knows you're new, and will have a good idea of what your income level is. However, for one reason or another, you already have a closet of ultra-high-quality suits - Oxxford, Kiton, whatever. Maybe you had a lot of free income in college, maybe you have a trust fund, whatever. Would you wear those suits to work, despite the fact that they're normally out of reach for someone of your income level? Risk being seen as a spendthrift, or a peacock, or so on? I wouldn't - I think it'd project the wrong image, in almost any business environment. You can dress well, and appropriately, in less beautiful clothing. What do you think?